Measuring Productivity

Massimo Del Gatto, Adriana Di Liberto and Carmelo Petraglia

Working Paper CRENoS from Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia

Abstract: Quantifying productivity is a conditio sine qua non for empirical analysis in a number of research fields. The identification of the measure that best fits with the specific goals of the analysis, as well as being data-driven, is currently complicated by the fact that an array of methodologies is available. This paper provides economic researchers with an up-to-date overview of issues and relevant solutions associated with this choice. Methods of productivity measurement are surveyed and classified according to three main criteria - i) macro/micro; ii) frontier/non-frontier; iii) deterministic/econometric

Keywords: productivity measurement; tfp; solow residual; endogeneity; simultaneity; selection bias; stochastic frontier analysis; dea; growth accounting; gmm; olley (search for similar items in EconPapers)
Date: 2008
New Economics Papers: this item is included in nep-ecm and nep-eff
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Citations: View citations in EconPapers (29)

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Related works:
Journal Article: MEASURING PRODUCTIVITY (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:cns:cnscwp:200818

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